UK in 21st century // 2 Flashcards
what happened to the economy from 1997 to 2007
economy grew strongly and unemployment decreased
why did the economy grow and unemployment decrease from 1997 to 2007
governments priorities such as
encouraging investment in new technologies
investing in university education
what happened to the uk economy in 2008
entered recession
how did the government respond to the 2008 recession
supporting businesses so they didnt collapse
decreasing taxes
borrowing money
when did the recession end
late 2009
what did the government do after the recession
cutting spending on public services such as pension and education
provide training for job seekers and support new businesses
how have the employment sectors changed
jobs in quaternary industries have increased
jobs in secondary industries decreased
employment of primary and tertiary stayed steady
what has happened to working hours since 2001
decreasing
what is an economic hub
places where economic activity is concentrated
what are the 3 types of economic hub
region
city
part of city
what do most of the uk economic hubs have
a high concentration in tertiary and quaternary industry
where are economic hubs usually located
cities, science parks
places with good transport links and links with universities
what international organisations is the uk part of
north Atlantic treaty organisation
united nations
what are media products
such as films tv and music
how many people did the media industry employ and how much money did it export in 2012
employed around 1.7 million people
exported £17 billion
how does uk media exports have a global influence
different lifestyles values and beliefs become well known and understood
media exports affect the way the uk is percieved
how do ethnic groups have an influence over food
food from other countries such as curry and pizza
